MMA

Maldives introduces currency symbol for Dhivehi Rufiyaa

July 3, 2022, 15:44

Malé, Maldives - Maldives Monetary Authority (MMA) on Sunday revealed the official currency symbol for the Maldivian currency Dhivehi Rufiyaa at a ceremony held at MMA headquarters. The symbol was… Continued

MMA Governor warns against lowering resort tax

May 23, 2022, 19:17

Malé, Maldives - Governor of Maldives Monetary Authority (MMA), Ali Hashim on Monday warned against reducing the resort rent as per the proposed amendment to Maldives Tourism Act (Act No.… Continued

MMA issues Payment Service Provider’s Licence to four additional parties

March 19, 2022, 15:28

Malé, Maldives - Maldives Monetary Authority (MMA) has issued Payment Provider's Licenses to four additional parties on Thursday. The service providers may provide the following services under the license, VTT… Continued

MMA warns against Ponzi scheme

March 11, 2022, 14:22

Malé, Maldives - Fraud investment schemes are on the rise, wants central bank Maldives Monetary Authority (MMA). In a statement released by the authority on Thursday night, MMA cautioned the… Continued

Additional MVR 20 notes released into circulation

March 10, 2022, 17:46

Malé, Maldives - The Maldives Monetary Authority (MMA) has released new MVR 20 notes in to circulation with Governor Ali Hashim's signature today. The notes were brought to Maldives on… Continued

Maldives prints MVR 20 notes amid low stock

October 14, 2021, 18:33

Malé, Maldives - The Maldives Monetary Authority (MMA) stated today that MVR 20 notes have been printed and brought to the country amid low stocks. MMA stated that MVR 20… Continued

MMA announces for consultant to develop payment system

July 20, 2021, 13:56

Malé, Maldives - Maldives Monetary Authority (MMA) has announced for a technical consultant to further develop their payment system. MMA informs that those interested in becoming a technical consultant for… Continued

Projects planned for 2021 not feasible over current economic situation: MMA Governor

November 15, 2020, 20:30

Male’, Maldives – Governor of Maldives Monetary Authority (MMA), Ali Hashim has said that the many ambitious projects included in the 2021 budget may not be completed due to the current state… Continued